Broker Comparison
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-07-31
Key charges and account features side by side.
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| Feature | Angel One | ICICI Direct |
|---|---|---|
| Broker type | Discount / Full-Service Hybrid | Bank Broker |
| Account opening | ₹0 | ₹0 |
| Annual maintenance | ₹60 + GST per quarter (Free for First Year) | ₹700 per annum |
| Equity delivery | Flat Rs 20 or 0.1% (whichever is lower) | Around 0.29% of the trade value |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 | Around 0.027% to 0.029% or flat ₹20 per order if using specific prepaid plans like Prime/iValue. |
| Futures | ₹20 per executed order | Flat ₹20 per order (Standard Plan) |
| Options | ₹20 per executed order | Flat ₹20 per order (Standard Plan) |
| Commodity | Available only where enabled by the broker; verify current segment availability and tariff. | ₹20 per order |
| Currency | ₹20 per executed order | ₹20 per order |
| DP charges | ₹20 + 18%GST | total ₹23.60 |
| Auto Square Off | Same as brokerage charges. No additional penalty | ₹50 per order (plus GST) standard I-Value pla |
| Call & trade | ₹20 / Order | ₹50 per executed order |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 66.33 lakh active clients on the NSE as of June 2026 | 2.12 million active stock exchange clients as of June 2026 |
Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.
Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.
Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.
ICICI Direct is a full-service stockbroker and investment platform operated by ICICI Securities Limited. It allows users to invest and trade across multiple financial products through its website and mobile app.
The platform offers equity, intraday trading, futures and options, commodities, mutual funds, IPOs, bonds, ETFs and other investment products. It also provides research reports, trading tools and market insights for investors and traders.
ICICI Direct is known for its 3-in-1 account facility, which connects a bank account, Demat account and trading account. This makes fund transfers, investing and portfolio management more convenient for ICICI Bank customers.
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.
Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.
Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.
Yes, Angel One currently offers online Demat and trading account opening at ₹0.
Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.
Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.
Yes, Angel One allows users to place GTT orders through its trading platform.
Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.
Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.
Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.
The ICICI Direct 3-in-1 account combines an ICICI Bank savings account, Demat account and trading account. It enables faster fund allocation and a more convenient investing experience.
Yes. ICICI Securities Limited is registered with SEBI under registration number INZ000183631.
ICICI Direct currently offers zero account-opening charges for its online 3-in-1 account. Demat AMC, brokerage and other transaction-related charges may still apply.
ICICI Direct brokerage depends on the selected pricing plan and trading segment. Its iVALUE plan offers ₹20-per-order brokerage for equity intraday, futures, options and commodity trades.
The regular Demat annual maintenance charge may be up to ₹700, while selected subscription plans may offer a reduced AMC.
ICICI Direct offers stocks, intraday trading, futures and options, commodities, mutual funds, IPOs, ETFs, bonds, fixed deposits and other investment products.
ICICI Direct can be suitable for beginners who prefer an integrated bank, Demat and trading account, research support and access to multiple products. However, its charges can be higher than those of some discount brokers.
An ICICI Bank savings account is required to receive the complete benefits of the ICICI Direct 3-in-1 account. The bank account allows direct fund allocation without manually transferring money to the trading account.
ICICI Direct is a full-service stockbroking and investment platform operated by ICICI Securities Limited. It offers online trading, investing, research reports and access to multiple financial products.
